JS passes Tk 15,339.82cr supplementary budget for 2017-18

FT ONLINE

The Jatiya Sangsad today passed the supplementary budget of Taka 15,339 crore, 82 lakh and 50 thousand for the current fiscal 2017-18 (FY 18) to meet the increased expenditures under different ministries/divisions.

Finance Minister AMA Muhith placed the supplementary budget for the current fiscal in the House on June 7 along with the national budget for fiscal 2018-19 (FY 19).

He moved the Appropriation (Supplementary) Bill, 2018 in the House. The lawmakers approved the bill by voice votes allowing the government to spend Taka 15,339 crore 82 lakh and 50 thousand from the consolidated fund to meet the expenditures of the current fiscal ending on June 30, 2018.

A total of 22 divisions/ministries sought demand for additional allocation in the supplementary budget of the current fiscal, which lawmakers from both treasury and opposition benches took part and discussed about the demand.

The total allocation in the current national budget was Taka 4 lakh and 266 crore. Later, the allocation in the revised budget stands at Taka 3 lakh 71 thousand and 495 crore.

In the national budget of the current fiscal, the revenue income was estimated at Taka two lakh 42 thousand and 752 crore. In the revised budget, the revenue was kept at Taka two lakh 18 thousand and 500 crore.

In the supplementary budget, the highest Taka 3,926 crore 11 lakh and 64 thousand was allocated for the Power, Energy and Mineral Resources Ministry while Taka 3,347 crore 41 lakh and 62 thousand was sanctioned for the Prime Minister’s Office.

Different ministries, divisions and institutions sought the additional amount under 22 demands for the grant. Earlier, some opposition and independent lawmakers brought a total of 173 cut-motions. The MPs discussed four proposals of the cut-motions, which were rejected by voice votes.

Lawmakers of both treasury and opposition benches took part in the general discussion before the passage of the supplementary budget of the current fiscal 2017-18.

Finally, the House unanimously passed the Appropriation (Supplementary) Bill 2018 through voice votes.

Earlier, Agriculture Minister Begum Matia Chowdhury, treasury bench member Dr Abdur Razzak and opposition bench members Fakhrul Imam, Selim Uddin and Rawshan Ara Mannan took part in the supplementary budget discussion about supplementary budget and issued various matters in the Jatiya Sangsad.

Agriculture Minister Begum Matia Chowdhury gave statement on additional allocation defending the justification for the demands. “The government has undertaken various projects as Bangladesh is now at a stage with its economic capacity to implement those,” she said.

Later, Finance Minister Abul Maal Abdul Muhith also elaborately described about the additional allocation of different divisions/ministries.

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